Narada Power announced that it recently successfully signed a 117 MWh energy storage project in Australia's Northern Territory. Once completed, the project will provide the local power grid with diversified services such as peak shaving and frequency regulation, emergency power supply, and load balancing, helping enhance local renewable energy consumption capacity and address shortcomings in power grid supply stability.

Canadian Solar Inc. announced that e-STORAGE, its energy storage solutions business subsidiary, had signed a supply agreement with a major utility outside China to provide BESS for an energy storage project with a scale of approximately 500 MW/2,493 MWh (DC). The project will support rapidly growing electricity demand from data centers and enhance the resilience and reliability of the regional power grid. Under the agreement, e-STORAGE will supply approximately 500 SolBank 3.0 ESS units for the project. Shipments are expected to begin in March 2027 and be completed by July of the same year.

March 17, Tesla (TSLA) and South Korean battery giant LG Energy (850101) formally confirmed that they would jointly build an LFP battery (884309) plant in Lansing, Michigan, with an investment of $4.3 billion, to support the rapid expansion of Tesla’s (TSLA) energy storage (885921) system business. The US Department of the Interior formally confirmed the deal in a statement. Under the agreement, LG Energy (850101) will produce prismatic LFP batteries (884309) at its plant in Lansing, Michigan, US, and supply them for Tesla’s (TSLA) Megapack 3 energy storage (885921) systems. The Lansing plant is expected to begin operations in 2027. The move is intended to establish a domestic US battery supply chain and address the surge in electricity (562350) demand driven by AI (885728) data centers.

On March 17, Shengquan Group (605589.SH) disclosed on the investor interaction platform that the company had completed construction of a 10 kt sodium-ion battery hard carbon anode production line. Products developed based on the dual technology routes of biomass refining and resin have successfully entered the supply chains of leading battery cell enterprises and can be adapted to multiple application scenarios including energy storage and 3C. The industrialisation layout of sodium-ion battery materials has achieved a key breakthrough.

In a 2-1 vote on March 12, the US International Trade Commission (ITC) ruled against imposing anti-dumping and countervailing duties ('AD/CVD') on graphite anode imports from China. The decision effectively kills proposed tariffs that would have surged to 169.5% for most Chinese exporters—and averts an initial petition that sought a staggering 920% duty rate. This ruling provides a highly positive economic outlook for the US battery energy storage system ('BESS') industry, sparing the sector from severe supply chain destabilization and price volatility.

On March 16, Sichuan Xingkong Sodium-ion Battery Co., Ltd. and BASF officially signed a strategic cooperation agreement in Dazhou, Sichuan. The two parties will engage in in-depth collaboration across three key dimensions: R&D of core materials for sodium-ion batteries, coordination of the industry chain, and international product development, injecting new momentum into the technological advancement and global expansion of the sodium-ion battery sector. This partnership will focus on joint R&D of cutting-edge sodium-ion battery technologies, covering the entire material chain, including ESS parts, battery pack modules, and battery cells. Key areas of emphasis include thermal management, structural design, electrochemical performance enhancement, and material system optimization. Additionally, the collaboration aims to jointly overcome critical technical bottlenecks such as bamboo charcoal anodes and Prussian blue cathodes, driving the iteration of next-generation sodium-ion battery technologies. Simultaneously, BASF will provide Xingkong Sodium-ion Battery with high-quality raw material supplies. The two parties will also work together to develop customized energy storage solutions and establish a shared after-sales service system, accelerating the industrialisation of R&D achievements.

Recently, two hydrogen-powered excavators, two hydrogen-powered loaders, and four hydrogen-powered wide-body mining trucks were officially put into operation in the Jinshan mining area, marking the implementation of the integrated “production, storage, refueling, transportation, and use” layout of Daye’s hydrogen energy industry in the application segment. This achieved the large-scale use of hydrogen-powered heavy engineering equipment in mining areas across China and injected new momentum into the green, low-carbon transformation of mines. As core equipment developed by Taiyuan Heavy Machinery, the TZ350EH hydrogen-powered excavator and TZ958EH hydrogen-powered loader worked in coordination with hydrogen-powered wide-body mining trucks, covering the entire process of mining, loading, and transportation. The equipment emitted only pure water, thoroughly improving the operating environment of traditional mining areas. This batch of hydrogen-powered equipment was deeply optimized for the complex working conditions of mines, with prominent core advantages: the hydrogen-powered excavator featured zero emissions and low noise, and could operate at full load after just five minutes of hydrogen refueling; the hydrogen-powered loader integrated hydrogen power with heavy-load performance and, equipped with proprietary technology, reduced consumption and improved efficiency; the hydrogen-powered wide-body mining truck offered fast energy replenishment, a high energy recovery rate, and excellent low-temperature starting performance, laying a solid foundation for green transportation. This large-scale deployment enabled hydrogen-powered equipment to undergo practical verification in real mining scenarios. It not only opened up a new path for the clean replacement of mining equipment, but also stabilized market demand for upstream hydrogen production, storage, and transportation, promoted coordinated development across the upstream and downstream segments of the hydrogen energy industry chain, and provided a replicable and scalable practical model for transforming traditional mining areas into green and intelligent mines.

Only 15 days remain until the opening of the 14th Energy Storage International Summit and Exhibition, ESIE 2026! New business models, new products, and new technologies in the global energy storage industry will be showcased in a concentrated manner on the ESIE 2026 platform! The countdown has begun, and the world’s largest, highest-level, and most influential gathering of ideas and technologies in the global energy storage industry is about to open! ●Exhibition Dates: April 1–April 3 ●Summit Dates: March 31–April 3 ●Venue: Beijing · Capital International Exhibition & Convention Center Scan the QR code above for free exhibition admission Six themed exhibition halls, over 160,000 m² of exhibition space, 800+ exhibitors/sponsors—the full detailed floor plan for all halls of ESIE 2026 is officially unveiled! Save and bookmark it to locate the brands and exhibition areas you are interested in! Detailed forum schedules have been released: Cutting-Edge Technology Led by 9 academicians! Detailed agenda for the 9th Energy Storage Frontier Technology Conference released Mechanism Innovation Detailed agenda released | ESIE 2026 Themed Forum: New-Type Energy Storage and the Electricity Market Detailed agenda released | Regional Characteristic Market Forum, Generation-Grid-Load-Storage and Green Electricity Direct-Connection Integration Forum Market-Driven Growth Detailed agenda released | ESIE 2026 Themed Forum: Development and Operation of Standalone ESS Projects Detailed agenda released | ESIE 2026 Themed Forum: Coordinated Development of Energy Storage + AIDC Detailed agenda released | ESIE 2026 Themed Forum: Energy Storage + New Business Models and New Development Global Perspective Detailed agenda released | ESIE 2026 Themed Forum: Development and Trends in the Global Energy Storage Market A Barometer of the Development of China’s Energy Storage Industry The 14th Energy Storage International Summit and Exhibition ESIE 2026 Exhibition Dates: April 1, 2026–April 3, 2026 Summit Dates: March 31, 2026–April 3, 2026 Venue: Beijing · Capital International Exhibition & Convention Center

Hyosung announced on the 12th that it has signed a contract to build a battery energy storage system (BESS) project worth KRW 142.5 billion in the Tangkum area of Queensland, Australia.

Recently, Chengdu Xinyan Hydrogen Energy Technology Co., Ltd. completed the batch delivery of 48 hydrogen-powered heavy-duty trucks in the 49-mt class, marking not only a major breakthrough in the market-oriented deployment of the enterprise’s hydrogen-powered commercial vehicles, but also demonstrating its strength in large-scale operations and further accelerating Chengdu’s hydrogen energy industry toward commercialization and clustering. The delivered vehicles were manufactured by Sinotruk Chengshang and equipped with the large-power hydrogen fuel cell system independently developed by Chengdu Xinyan. With high reliability and strong load-bearing capacity, they are well suited to trunk logistics and bulk transportation scenarios. Combined with local hydrogen refueling network support and Sichuan’s expressway toll reduction and exemption policies, they can provide clients with a green, efficient, and low-cost transportation solution. As a core period of the “Chengdu-Chongqing Hydrogen Corridor,” Chengdu is accelerating the development of an ecological system spanning the entire industry chain of “production, storage, transportation, refueling, and application.” Multiple provincial- and municipal-level policies are supporting the promotion of hydrogen-powered vehicles. The operation of these heavy-duty trucks will further drive coordinated development across the upstream and downstream industry chain and foster a virtuous industrial cycle. As hydrogen energy has become a hot topic at this year’s national Two Sessions, with the industry focusing on the large-scale application of fuel cell vehicles, Chengdu Xinyan’s delivery responds to the national strategy with concrete action, supports Chengdu in building a highland for the hydrogen energy industry in western China, and injects new momentum into the region’s green transformation.